AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
AAPL   331.50 (+2.85%)
MSFT   187.20 (+2.34%)
FB   230.77 (+1.98%)
GOOGL   1,440.02 (+1.82%)
AMZN   2,483.00 (+0.91%)
NVDA   356.80 (+1.75%)
CGC   16.51 (-0.72%)
BABA   219.55 (+0.69%)
MU   53.72 (+4.88%)
GE   7.88 (+1.81%)
TSLA   885.66 (+2.46%)
AMD   53.10 (+0.89%)
T   32.77 (+3.05%)
ACB   13.94 (-2.04%)
F   7.34 (+5.46%)
GILD   76.75 (-1.02%)
DIS   124.82 (+0.91%)
NFLX   419.60 (+1.27%)
BAC   28.11 (+4.97%)
BA   205.43 (+11.47%)
Log in

NYSE:GVAGranite Construction Stock Price, Forecast & News

$21.44
+1.44 (+7.20 %)
(As of 06/5/2020 04:00 PM ET)
Add
Compare
Today's Range
$20.90
Now: $21.44
$21.79
50-Day Range
$13.70
MA: $16.02
$20.00
52-Week Range
$8.90
Now: $21.44
$48.80
Volume738,067 shs
Average Volume782,422 shs
Market Capitalization$1.00 billion
P/E RatioN/A
Dividend Yield2.60%
Beta1.49
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company operates through Transportation, Water, Specialty, and Materials segments. The Transportation segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, and marine ports. The Water segment focuses on water-related construction and water management solutions, as well as provides trenchless cured-in-place pipe rehabilitation services. The Specialty segment constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, and power projects; and undertakes bid-build, design-build, and construction management/general contractor contracts. The Materials segment focuses on production of aggregates, asphalt, and construction related materials, as well as sanitary and storm water rehabilitation products, such as cured-in-place pipe felt and fiberglass-based lining tubes. The company also engages in the construction of streets, highways, mass transit facilities, trenchless and underground utilities, tunnels, dams, and other infrastructure-related projects. In addition, it performs site preparation and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.
Read More
Granite Construction logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.8Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.05 out of 5 stars


Industry, Sector and Symbol

Industry Heavy construction, except building construction - contractors
Sub-IndustryConstruction & Engineering
CUSIP38732810
Phone831-724-1011

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.32 billion
Cash Flow$5.17 per share
Book Value$29.80 per share

Profitability

Net Income$42.41 million

Miscellaneous

Employees5,700
Market Cap$1.00 billion
Next Earnings Date6/5/2020 (Estimated)
OptionableOptionable

Receive GVA News and Ratings via Email

Sign-up to receive the latest news and ratings for GVA and its competitors with MarketBeat's FREE daily newsletter.

Granite Construction (NYSE:GVA) Frequently Asked Questions

How has Granite Construction's stock been impacted by COVID-19 (Coronavirus)?

Granite Construction's stock was trading at $14.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GVA shares have increased by 43.5% and is now trading at $21.44. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Granite Construction?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Construction in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Granite Construction.

When is Granite Construction's next earnings date?

Granite Construction is scheduled to release its next quarterly earnings announcement on Friday, June 5th 2020. View our earnings forecast for Granite Construction.

How were Granite Construction's earnings last quarter?

Granite Construction Inc. (NYSE:GVA) announced its earnings results on Friday, October, 25th. The construction company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by $0.98. The construction company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.15 billion. Granite Construction had a negative return on equity of 4.63% and a negative net margin of 3.11%. The business's revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 EPS. View Granite Construction's earnings history.

How often does Granite Construction pay dividends? What is the dividend yield for Granite Construction?

Granite Construction declared a quarterly dividend on Thursday, March 26th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.13 per share on Wednesday, April 15th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Monday, March 30th. View Granite Construction's dividend history.

What price target have analysts set for GVA?

3 brokers have issued 12 month price objectives for Granite Construction's shares. Their forecasts range from $10.00 to $30.00. On average, they expect Granite Construction's share price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 6.7%. View analysts' price targets for Granite Construction.

Has Granite Construction been receiving favorable news coverage?

Headlines about GVA stock have trended very negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Granite Construction earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutGranite Construction.

Who are some of Granite Construction's key competitors?

What other stocks do shareholders of Granite Construction own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Granite Construction investors own include U.S. Silica (SLCA), Alibaba Group (BABA), Applied Materials (AMAT), JD.Com (JD), Enterprise Products Partners (EPD), AT&T (T), Ford Motor (F), NVIDIA (NVDA), AbbVie (ABBV) and Hain Celestial Group (HAIN).

Who are Granite Construction's key executives?

Granite Construction's management team includes the following people:
  • Mr. James Hildebrand Roberts, Pres, CEO & Director (Age 62)
  • Ms. Jigisha Desai, Sr. VP & CFO (Age 52)
  • Mr. James Dave Richards, Sr. VP & Northwest Group Mang. (Age 55)
  • Mr. Dale A. Swanberg, Sr. VP & Large Projects Group Mang. (Age 56)
  • Mr. Kyle T. Larkin, Sr. VP & California Group Mang. (Age 47)

What is Granite Construction's stock symbol?

Granite Construction trades on the New York Stock Exchange (NYSE) under the ticker symbol "GVA."

Who are Granite Construction's major shareholders?

Granite Construction's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.03%), Fuller & Thaler Asset Management Inc. (6.71%), State Street Corp (3.31%), Franklin Resources Inc. (2.55%), Bank of New York Mellon Corp (2.33%) and Morgan Stanley (1.98%). Company insiders that own Granite Construction stock include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin and Patricia D Galloway. View institutional ownership trends for Granite Construction.

Which institutional investors are selling Granite Construction stock?

GVA stock was sold by a variety of institutional investors in the last quarter, including Wynnefield Capital Inc., Russell Investments Group Ltd., BlackRock Inc., Morgan Stanley, Morgan Stanley, Fuller & Thaler Asset Management Inc., First Washington CORP, and First National Bank of Omaha. View insider buying and selling activity for Granite Construction.

Which institutional investors are buying Granite Construction stock?

GVA stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Frontier Capital Management Co. LLC, John G Ullman & Associates Inc., Pinnacle Associates Ltd., State Street Corp, Aigen Investment Management LP, Personal Capital Advisors Corp, and AlphaCrest Capital Management LLC. Company insiders that have bought Granite Construction stock in the last two years include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin, and Patricia D Galloway. View insider buying and selling activity for Granite Construction.

How do I buy shares of Granite Construction?

Shares of GVA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Granite Construction's stock price today?

One share of GVA stock can currently be purchased for approximately $21.44.

How big of a company is Granite Construction?

Granite Construction has a market capitalization of $1.00 billion and generates $3.32 billion in revenue each year. Granite Construction employs 5,700 workers across the globe.

What is Granite Construction's official website?

The official website for Granite Construction is www.graniteconstruction.com.

How can I contact Granite Construction?

Granite Construction's mailing address is 585 WEST BEACH ST, WATSONVILLE CA, 95076. The construction company can be reached via phone at 831-724-1011 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.